Abstract

Russia is going through a stage of becoming accompanied by complex internal problems. They are associated with the development of a legal framework and reconsidering the new type of economy, the negative impact of global crises and evident challenges in the distribution of the money supply. An active social policy of the state is aimed at the population strata in need of support: pensioners, disabled people, children. But the gap between low-income and rich groups is widening, and the middle stratum as a social component has practically disappeared. This situation suggests the need to search for tools to improve the prosperity of the population. Besides, low-efficiency investment systems of large players in the sector with state participation are registered, which requires the search for additional sources of investment and ways of their rational use with proper control. Which, in its turn, will reset the load from the state budget.

Highlights

  • Many countries all over the world are addressing the issue of social equality, especially those that have experienced rapid economic growth

  • The importance of considering these issues is addressed in the studies of Chinese economists, who indicate that "without the support of effective social policy, economic growth cannot be sustainable" [1]

  • Keynesian work showed the possibility of combining microeconomic indicators into a single macro-system

Read more

Summary

Introduction

Many countries all over the world are addressing the issue of social equality, especially those that have experienced rapid economic growth.And it was this fact that demonstrated the growing gap between the rich and the poor, between actively-developing types of business and uncertainty of infrastructure. A low level of general economic and financial literacy entails adverse outcomes for all subjects of investment and redistribution relations, limiting investment activities, restraining the development of the economy, hindering the growth of effective instruments:

Results
Conclusion
Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call